DAILY COMMODITY MARKET STRATEGY-5 Jun 2015

Commodity Tips Expert: - commodity tips , mcx trading tips , bullion commodity tips
BULLION

Gold August future has added 0.2 percent in early deals at $ 1,177.40.Silver July delivery has gained 0.3 percent at $ 16.148.Platinum July contract is almost unchanged at $ 1,100.

ENERGY

Crude Oil and Brent Oil July series are slightly up at $ 58.02 and $ 62.18, respectively.Natural Gas July delivery is marginally down at $ 2.628.

BASE METAL

Copper July future is now quoted at $ 2.683 - down 0.15 percent.The closing of Copper was lower as the prices witnessed profit booking failing to breach Rs 390 per kg as a psychological level. The prices of MCX Copper settled the session at Rs 381.35 per kg against Rs 387.7 per kg.

The prices of Copper trimmed to levels of Rs 380 per kg. On the higher side, Copper June is now eyeing to find some friction at Rs 390 per kg on the higher side. Breaking this level would mean that prices can move to Rs 400 per kg.

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Commodity Tips Expert: - commodity tips , mcx trading tips , bullion commodity tips

1 comment:

  1. !!!!!!!! This is good for all traders and reliable for new investors. In time gold market has very fluctuated compare to silver. It fully depends on the economic condition of the market and its movements.!!!!!!!!!!!
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